I am doubling my short S&P Futures position. I like to scale into trades and now I have a full position on.
I like to short on extreme strength and cover short or buy on extreme weakness. I am carrying these short lines into next week. This is going to be a pretty intense trading session.
The market is overbought and the higher long term interest rates will kill any economic recovery.
Today I am going to trade listening to this new music that I have just added to my ITunes. "Die Young" from The Danks. Pretty good stuff. I hope this is not a presage for me or my trading account. :)
Oil Trader`s Blog is a website for active online futures and stock traders. I will provide my real time trading decisions and my market thoughts on this webpage. Trading is not as hard as some think and definitely not as easy as some wanted it to be.